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The Ecuador Spices Market research report is an infographic report covering supply, demand and trade statistics for Pepper, Cloves, Vanilla, Cinnamon Seeds of anis and Others, both in volume and value. This report looks at the industry state between 2016-2021 and the forecast till 2027. The report also covers companies, brands, products, trade pricing, patents, university-level research, new product developments, future growth opportunities and M&A analysis.
Detailed Scope of the Report
1. The Production, Import Export/Trade statistics for Pepper, Cloves, Vanilla, Cinnamon Seeds of anis and Others between 2016-2021.
2. Historical demand for Pepper, Cloves, Vanilla, Cinnamon Seeds of anis and Others from 2016-2021 and forecast to 2027.
3. Comprehensive list of companies and revenue for 5+ top companies.
4. Major brands, product benchmarking, and new product launches.
5. Assessment of relevant Mergers and Acquisitions.
6. Investment, projects, and R&D initiatives done between 2016 and 2021.
7. Patenting scenario covering patents filed, published, and granted between 2016-2021.
8. Research framework based on the assessment of 7 Pillars - Supply, Demand, Trade, Companies, Products, Patents, and Macro-environment factors.
Company Snapshot: The top companies are Proaji, Cocoa - Olam Ecuador S.A., COMEXGAR CIA. LTDA., Yupanqui Gourmet Peppercorns and True Flavor.
Key Takeaways & Recent Developments
A. The production volume of Spices in 2021 stood at 0.8 Th Metric Tons.
B. Import volume increased from 2.8 Th Metric Tons in 2016 to 3.2 Th Metric Tons in 2021.
C. The demand was 0.6 Th Metric Tons in 2021.
D. Sri Lanka Exported more than 52% of Spices to Ecuador in 2021.
E. Ecuador exported majority of its Spices to the US, Viet Nam, India, Netherland, Argentina.
F. The average yield per acre from 2016 to 2021 stood at 367.1 KG/ACRE
FAQs (Frequently Asked Questions):
a) What was Ecuador’s Spices market size in 2021?
Ans: The demand was 0.6 Th Metric Tons in 2021.
b) Where does Ecuador Import Spices from?
Ans: The majority of imports come from Sri Lanka, India, Peru, Spain and Viet Nam.
c) What are the top companies in Spices market?
Ans: Proaji, Cocoa - Olam Ecuador S.A., COMEXGAR CIA. LTDA., Yupanqui Gourmet Peppercorns and True Flavor are the top companies in the Spices market.
d) Which are the major local universities/ research institutes involved in R&D?
Ans: Technical University of Manabi, Northern Technical University and Technical University of Ambato are actively involved in R&D.